31st Jul 2014 09:41
LONDON (Alliance News) - Paragon Entertainment Ltd Thursday said it has entered into an agreement with DHX Media to create a pre-school 'In the Night Garden' branded play centre in the UK.
The company, which designs and builds attractions such as theme parks and museums, said that under the proposed deal, Paragon Entertainment will own and operate the attraction.
Paragon Entertainment said it is in the process of identifying a "suitable location", at which it will also retail 'In the Night Garden branded merchandise.
The 'In the Night Garden' series was created by the creative team behind 'Teletubbies'.
"In The Night Garden is a hugely popular brand and one we are thrilled to be associated with...We look forward to strengthening our relationship with DHX Media through collaboration on this exciting project," said Chief Executive Mark Pyrah in a statement.
Paragon Entertainment shares were untraded Thursday morning at 3.26 pence.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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